Money & Economics

[bigredfish]

I am planning something similar adding SPMO & QQQM for some extra growth, below shows what $10K invested will do 5.88 years: 2020-10-13 - 2026-08-31. I already have just over 600 shares of SCHD. Instead of SPY (ER 0.0945%) you should try VOO (ER 0.03%) or SPYM (ER 0.02%) it is cheaper.

SPYM 25%

SPMO 15%

QQQM 10%

SCHD 50%

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Your allocation makes a bit more sense, better diversified

But, my JPM brokerage account is really for my extra growth. Hate JPM but love my broker. Most of the rest is in 1-2 yr CDs, a little in iBonds and a couple of 5yr annuities with fixed 5.25

Honestly I’ll probably just do 50%SCHD and 50% in the MM with the bulk of the IRA $ even after I convert it to the Roth. We’re comfortable and all about capital preservation at this point.

I only trade in the Roth with 5% of my total, it’s a hobby not unlike golf. I love it but I’m not very good at it.
Since getting back in in May goal is 10% this year.
Frikin #GLD caught me off guard last week. Dumb I know, but it had a nice run.

 

[MikeLud1]

I only trade in the Roth with 5% of my total, it’s a hobby not unlike golf. I love it but not very good at it.

I made a Trading Bot that trades 7:00am to 8:00pm, right now I am still only paper trading with it, hopefully I can get it to make some profit.

 

[bigredfish]

Good to see August was tough on the Bot too! I feel better

 

[bigredfish]

I’m more of a “week” trader than a day trader. Probably 15-20 trades a month

 

[bigredfish]

They’re losing control of it … Asian Contagion coming ?

 

[bigredfish]

LOL

Only good news is allowed!
Bad news? Technical glitch

 

[MikeLud1]

Good to see August was tough on the Bot too! I feel better

I made one change to my Bot this morning, to only trade stocks priced at $2.00 to $20.00, before it was $1.00 to $20.00. So far I am up $78.00 on one trade this morning.

 

[bigredfish]

Ray’s right of course… just a question of how fast they devalue it

 

[bigredfish]

I made one change to my Bot this morning, to only trade stocks priced at $2.00 to $20.00, before it was $1.00 to $20.00. So far I am up $78.00 on one trade this morning.

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May want to look at PR.. little Permian producer.
My TipRanks guy is like screaming about it..

Too volatile for me. His target $30

 

[bigredfish]

Only glimmer of hope is the Reverse Cramer trade…

 

[bigredfish]

He’s right I think

 

[bigredfish]

 

[bigredfish]

This is "The Plan" to debase the currency.

Its not gonna work I think, but it will be much like an amusement park roller coaster and end badly

 

[bigredfish]

Tempted to buy Oil but one deranged lying tweet could send it down $5 p/barrel in minutes

Big gap (percentage) between the ETF and futures

 

[bigredfish]

What the hell, need some excitement this morning... boring sitting in cash

200@ $64.38

 

[MikeLud1]

Honestly I’ll probably just do 50%SCHD

One thing I like about SCHD when the market is down SCHD is up.

 

[bigredfish]

Flight to safety effect , but SCHD has a lot more going for it. Solid

Same flight to safety with otherwise boring Consumer staples ETF #XLP

 

[bigredfish]

Duh, posted these next two in the wrong forum

LOL Penny stock Olympics!

 

[bigredfish]

This is one of 2 guys I follow over on TipRanks

 

[bigredfish]

Finding bad economic news is like finding bad Trump news. It’s hard NOT to find it